PNC Financial Services Group Portfolio holdings
PNC Financial Services Group, Inc., tracing its roots to 1852 through the merger of Pittsburgh National and Provident National in 1983, is a major U.S. bank headquartered in Pittsburgh, Pennsylvania, offering retail banking, corporate banking, and asset management services across 28 states and Washington, D.C. Managing over $560 billion in assets as of late 2024, PNC serves millions of customers through its extensive network of branches and ATMs, bolstered by its 2021 acquisition of BBVA USA, which expanded its footprint into the Southeast and Southwest. Known for its conservative banking approach and strong community focus, PNC provides wealth management via PNC Private Bank and institutional services, including one of the nation’s largest treasury management operations, under CEO William S. Demchak since 2013. With a legacy tied to steel-era Pittsburgh and a modern emphasis on digital banking and sustainability, PNC ranks among the top U.S. banks by assets and market presence.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 2 |
Apple
AAPL
|
+$140M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
| 5 |
McCormick & Company Non-Voting
MKC
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYBR
551
DELISTED
CyberArk
CYBR
| $8.91M | 0.01% |
74,869
-85
| -0.1% | -$8.13K |
|
552
Lamar Advertising Co
LAMR
$15.9B
| $8.8M | 0.01% |
111,033
-1,662
| -1% | -$126K |
|
553
Align Technology
ALGN
$12.3B
| $8.74M | 0.01% |
30,757
+9,094
| +42% | +$2.17M |
|
|
ABB
554
DELISTED
ABB Ltd
ABB
| $8.62M | 0.01% |
456,583
+80,379
| +21% | +$1.56M |
|
555
NXP Semiconductors
NXPI
$56.8B
| $8.54M | 0.01% |
96,674
+1,760
| +2% | +$155K |
|
556
Royal Bank of Canada
RY
$292B
| $8.48M | 0.01% |
112,205
-1,525
| -1% | -$115K |
|
|
MXIM
557
DELISTED
Maxim Integrated Products
MXIM
| $8.45M | 0.01% |
158,995
-71,064
| -31% | -$3.82M |
|
558
iShares 20+ Year Treasury Bond ETF
TLT
$41.5B
| $8.45M | 0.01% |
66,827
-16,724
| -20% | -$2.03M |
|
|
TSS
559
DELISTED
Total System Services, Inc.
TSS
| $8.37M | 0.01% |
88,043
-62,592
| -42% | -$5.66M |
|
560
Prologis
PLD
$134B
| $8.37M | 0.01% |
116,252
-2,490
| -2% | -$170K |
|
561
Qiagen
QGEN
$8.73B
| $8.35M | 0.01% |
193,644
+3,403
| +2% | +$137K |
|
562
Acadia Pharmaceuticals
ACAD
$4.4B
| $8.31M | 0.01% |
309,710
-85,964
| -22% | -$2.01M |
|
563
ICICI Bank
IBN
$108B
| $8.31M | 0.01% |
724,863
+168,979
| +30% | +$1.76M |
|
564
RPM International
RPM
$13.9B
| $8.3M | 0.01% |
142,987
-3,430
| -2% | -$195K |
|
565
Idexx Laboratories
IDXX
$44.5B
| $8.28M | 0.01% |
37,018
-2,036
| -5% | -$420K |
|
566
Agree Realty
ADC
$9.26B
| $8.22M | 0.01% |
118,562
-5,847
| -5% | -$378K |
|
|
RHT
567
DELISTED
Red Hat Inc
RHT
| $8.19M | 0.01% |
44,848
-18,896
| -30% | -$3.39M |
|
|
BKI
568
DELISTED
Black Knight, Inc. Common Stock
BKI
| $8.19M | 0.01% |
150,204
-1,393
| -0.9% | -$70.3K |
|
|
HDV
569
iShares Core High Dividend ETF
HDV
$14.8B
| $8.16M | 0.01% |
437,250
-1,905
| -0.4% | -$34.2K |
|
570
Vanguard Communication Services ETF
VOX
$5.75B
| $8.14M | 0.01% |
97,412
+67,574
| +226% | +$5.51M |
|
571
Hormel Foods
HRL
$13.8B
| $8.08M | 0.01% |
180,596
-5,532
| -3% | -$237K |
|
572
Sarepta Therapeutics
SRPT
$1.61B
| $8.01M | 0.01% |
67,215
-13,458
| -17% | -$1.73M |
|
|
PPBI
573
DELISTED
Pacific Premier Bancorp
PPBI
| $7.99M | 0.01% |
301,053
-13,827
| -4% | -$394K |
|
574
National Grid
NGG
$80.1B
| $7.95M | 0.01% |
160,921
+4,622
| +3% | +$224K |
|
|
WCG
575
DELISTED
Wellcare Health Plans, Inc.
WCG
| $7.94M | 0.01% |
29,419
-181,504
| -86% | -$46.9M |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2019 filing shows 169 new, 1,634 increased, 1,606 reduced and 169 closed positions. Its largest new stake was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M. The largest sale was iShares TIPS Bond ETF, an estimated $199M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was iShares TIPS Bond ETF, cutting an estimated $199M.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 169 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.